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How do I determine how much to charge for permanent venue hire?
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<blockquote data-quote="Lisa Lane-Collins" data-source="post: 75994" data-attributes="member: 2967"><p>Re: How do I determine how much to charge for permanent venue hire?</p><p></p><p>Well, if I lose this venue hire gig, it's worth $0 with the exception of occasional hire gigs that land in my lap.</p><p></p><p>If I were to market it properly for I dunno, parties, small rock gigs, speeches, that kind of thing, could probably charge between $100 and $300 for it (depending on how much of it was actually required). That's random hire though, how do people work out how much to charge when something is living in a venue? That trade of between not having access to it anymore and not having to be perpetually bumping it in and out...</p><p></p><p>Looking like the install will be the definition of tame (just functions and really quiet house music), one hopes repairs and maintenance will be at a minimum, couldn't say at this point what the cost of maintenance will be, not experienced enough. Gear is probably worth about $5000 new. Seems prudent to start saving now to replace items broken by user error.</p><p></p><p>Currently it is income (as in, the dif between paying rent and not).</p><p></p><p>Leaving maintenance and insurance out of the picture, the cost of owning it is $0.</p></blockquote><p></p>
[QUOTE="Lisa Lane-Collins, post: 75994, member: 2967"] Re: How do I determine how much to charge for permanent venue hire? Well, if I lose this venue hire gig, it's worth $0 with the exception of occasional hire gigs that land in my lap. If I were to market it properly for I dunno, parties, small rock gigs, speeches, that kind of thing, could probably charge between $100 and $300 for it (depending on how much of it was actually required). That's random hire though, how do people work out how much to charge when something is living in a venue? That trade of between not having access to it anymore and not having to be perpetually bumping it in and out... Looking like the install will be the definition of tame (just functions and really quiet house music), one hopes repairs and maintenance will be at a minimum, couldn't say at this point what the cost of maintenance will be, not experienced enough. Gear is probably worth about $5000 new. Seems prudent to start saving now to replace items broken by user error. Currently it is income (as in, the dif between paying rent and not). Leaving maintenance and insurance out of the picture, the cost of owning it is $0. [/QUOTE]
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